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Microcap & Penny Stocks : Bottled water (fastest-growing beverage market) -- Ignore unavailable to you. Want to Upgrade?


To: Riley G who wrote (64)12/9/1997 11:40:00 PM
From: TopCat  Read Replies (3) | Respond to of 131
 
<<The truth is that the Bottled water business may be the best market gainers in the years to come.>>

With the competition by major players already in this field....I seriously doubt your statement. Think about how much it will cost someone to enter this field against major players in advertising and distribution for a product that is simply just a commodity....WATER.

TC



To: Riley G who wrote (64)12/20/1997 8:35:00 PM
From: ShoppinTheNet  Respond to of 131
 
Riley you state that MGBA 848,000 shares outstanding at a price of $1,6875. This makes the market cap for the company $1.4 million.
Looking at the vast number of products they are trying to bring to market I suspect that this company will have cash flow problems ass they try to enter a very competative market with these niche brands.
What is the companies plans to kick them off?